For Sale

948 Lake Drive, Georgina, Ontario L0E 1L0

$1,025,000

948 Lake Drive, Georgina, Ontario L0E 1L0 is For Sale and has a listing price of 1,025,000. The property is located in the Georgina neighbourhood . It's been on the website for 9 Days.

  • Fourplex
    Property Type
  • 7
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: N12378455
  • Office Name KELLER WILLIAMS REALTY CENTRES
Property Description

Welcome to this rare income-generating fourplex, ideally located in the heart of Jacksons Point just steps from Lake Simcoe, beaches, parks, shops, and restaurants. This well-maintained property features four self-contained units, each offering comfortable layouts and strong rental appeal.Whether you’re an investor looking for steady cash flow or a buyer seeking a multi-generational living opportunity, this property delivers flexibility and long-term value. Three of the suites feature two spacious bedrooms and one full bathroom, while the fourth suite offers a cozy one-bedroom layout, also with a full bathroom. Each unit is self-contained and separately metered, giving tenants independence and reducing management complexity for the owner. With its versatile unit mix, this property appeals to a wide range of tenants, from professionals and couples to small families. Investors will appreciate the steady rental demand in Jacksons Point, a community known for its blend of small-town charm and recreational lifestyle, while residents enjoy easy access to parks, beaches, marinas, and year-round outdoor activities.Tenants enjoy the convenience of on-site parking, private entrances, and easy access to local amenities, while owners benefit from consistent rental income in a highly desirable lakeside community. With Jacksons Point continuing to grow as a sought-after destination for year-round living and recreation, this fourplex is a prime opportunity to secure a strong-performing asset in a thriving market.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: N12378455
  • Price: $1,025,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100
  • Ref ID: N12378455
  • Approx Sqft: 3000-3500
  • Dir / Cross St: Jackson's Point / Lake
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/03/2025 N12378455 $1,025,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Georgina
  • $1,086,382 Average List Price
    based on 1 year
  • 258 New Listings
    based on 30 days
  • 59 Median Days on Market
    based on 1 year
  • List vs. Selling Price 187.26 % Up
  • Sold (12mo) 646
  • Rented (12mo) 309

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 6
  • Exterior Brick
  • Kitchen 4
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Taxes: $4,612
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 03/09/2025 19:00:37
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